Examlex
Instructions: Please define the following key terms. Show Who? What? Where? When? Why Important?
Volksgeist
Industry Average
A statistical measure that represents the central tendency or typical value of a set of figures in a particular industry, often used for benchmarking.
Insolvency
The state in which an individual or entity cannot meet its financial obligations as debts become due.
Working Capital
The difference between a company's current assets and current liabilities, indicating the liquidity of a business.
Benjamin Graham
Widely recognized as the father of value investing, he was an economist, professional investor, and Columbia Business School professor.
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